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RKS, Inc. has 800,000 shares outstanding with a market value of $30 per share. They've announced a rights offering of 200,000 new shares with a

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RKS, Inc. has 800,000 shares outstanding with a market value of $30 per share. They've announced a rights offering of 200,000 new shares with a subscription price of $25 each. Answer the following questions: What is the total market capitalization before and after the rights issue? What is the value of one right? What should the ex-rights price of RKS stock be

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